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Willow Run

Belleville, MI · Charter 6299

NCUA · 1 branch

Q1 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Willow Run

Belleville, MI · Charter 6299

NCUA · 1 branch

Q1 2022

$23.0MAssets
$7.4MLoans
$21.6MShares
$1.3MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 0.08%, up 13 bps year over year; NIM at 2.05%.
  • Asset quality: problem loans at 0.34% of loans (+26 bps YoY).
  • Capital: net worth / assets of 5.82%, down 34 bps from a year ago.
  • Funding: loans stand at 34.22% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

0.08%+13 bps YoY

Net Interest Margin (YTD, annualized)

2.05%-31 bps YoY

Efficiency Ratio (YTD, annualized)

97.92%-347 bps YoY

Net Worth / Assets

5.82%-34 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-0.06%-0.18%0.04%0.07%0.08%+13 bps
Return on Equity-0.89%-2.95%0.71%1.10%1.34%+223 bps
Net Interest Margin2.36%2.30%2.30%2.25%2.05%-31 bps
Efficiency Ratio101.39%104.55%100.45%99.46%97.92%-347 bps
Growth
Asset Growth (YoY)28.62%14.04%17.70%16.98%7.55%-2,107 bps
Loan Growth (YoY)-1.63%2.95%3.56%0.29%-3.85%-222 bps
Share Growth (YoY)31.60%15.44%19.08%18.23%7.95%-2,365 bps
Asset Quality
Delinquent Loans / Loans0.08%0.27%0.34%0.15%0.34%+26 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.84%0.84%0.75%0.54%0.58%-26 bps
Capital
Risk-Based Capital6.16%6.05%6.16%6.07%5.82%-34 bps
Net Worth / Assets6.16%6.05%6.16%6.07%5.82%-34 bps
Liquidity & Funding
Loans / Shares38.42%38.43%38.09%37.87%34.22%-420 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps